Elm3 Financial Group LLC trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 36.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,263 shares of the company’s stock after selling 2,400 shares during the period. Elm3 Financial Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $217,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Tompkins Financial Corp acquired a new position in iShares Floating Rate Bond ETF during the second quarter valued at approximately $25,000. NorthRock Partners LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 269.5% during the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after buying an additional 380 shares during the period. Asset Dedication LLC acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter valued at $29,000. WASHINGTON TRUST Co grew its stake in iShares Floating Rate Bond ETF by 242.6% in the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock valued at $35,000 after buying an additional 490 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in iShares Floating Rate Bond ETF in the 1st quarter worth $43,000.
iShares Floating Rate Bond ETF Price Performance
iShares Floating Rate Bond ETF stock opened at $50.93 on Tuesday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The firm has a fifty day moving average price of $50.97 and a two-hundred day moving average price of $50.89.
About iShares Floating Rate Bond ETF
The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.
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